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Showing 351 - 360 of 2163 results for "Plus"

APRA readies new super fund remuneration regime

KARREN VERGARA  |  TUESDAY, 19 OCT 2021
... minimum deferral requirements under APRA. These leaders are defined as material risk-takers whose total fixed remuneration plus actual variable remuneration is equal to or greater than $1 million in a financial year of the entity. APRA deputy chair John ...

HUB24 to acquire Class

JAMIE WILLIAMSON  |  MONDAY, 18 OCT 2021
... arrangement. Under the deal, Class shareholders will receive one share in HUB24 for every 11 ordinary Class shares they hold, plus $0.10 per ordinary share. The implied consideration represents a 52.8% premium on the one-month VWAP of both companies ...

New equities fund at Australian Ethical

JAMIE WILLIAMSON  |  FRIDAY, 15 OCT 2021
... timeframe is between seven and 10 years, charging management fees of 0.80% per annum and additional estimated costs of 0.05% plus a performance fee of 15% of outperformance net of management fees. The benchmark unaware fund is currently invested in Bendigo ...

EISS Super answers tough questions

ELIZABETH MCARTHUR  |  TUESDAY, 12 OCT 2021
... Christian Super's My Ethical Super, Colonial First State's FirstChoice, Commonwealth Bank Group Super's Accumulate Plus Balanced, EISS Balanced, LUCRF Super's MySuper, Maritime Super's MySuper, BT Super MySuper and lastly, the Victorian ...

REI Super makes drastic fee changes

JAMIE WILLIAMSON  |  MONDAY, 11 OCT 2021
... to pay less from October 28. Currently, the $2 billion industry fund charges administration fees as a flat $1.65 per week plus 0.25% of a member's account balance. From October 28, REI Super is dropping the $1.65 flat charge and going forward with just ...

Adviser exam cost jumps under new bill

KARREN VERGARA  |  THURSDAY, 30 SEP 2021
... exam pay $948 per sitting. This is significantly more that the Financial Standard and Ethics Authority's charge of $540 plus GST per sitting. Advisers will be charged $218 to have ASIC review the marking of one or more answers to non-multiple-choice ...

Criminal charges filed against CBA

ELIZABETH MCARTHUR  |  FRIDAY, 17 SEP 2021
... mis-selling consumer credit insurance, with the bank to plead guilty. The charges relate to CBA's promotion and sale of CreditCard Plus and Loan Protection policies as an add-on insurance product in branches, by telephone and online. ASIC alleges that ...

EQT Group dumps Iress bid

ANNABELLE DICKSON  |  FRIDAY, 17 SEP 2021
... its due diligence after an initial 30-day access on August 11. EQT's third offer was to acquire Iress shares at $15.91 plus a 16-cent dividend per share as it caved on previous offers that did not include a dividend and started at $14.80 a share. ...

CFS reduces premiums

ELIZABETH MCARTHUR  |  WEDNESDAY, 15 SEP 2021
... results, it also moved to cut its administration fees significantly, dropping from a flat fee of $60 a year to $10 a year plus 30bps. The wealth manager is also facing penalties over its conduct in rolling members out of FirstChoice and into its cheaper ...

EQT gets 10 more days of due diligence at Iress

KANIKA SOOD  |  FRIDAY, 10 SEP 2021
... granted 30-day access to Iress's books on August 11, at its third bid. EQT's third offer was to acquire Iress shares at $15.91 plus a 16-cent dividend per share as it caved on previous offers that did not include a dividend and started at $14.80 a share. ...